The US Air Force has awarded Lockheed Martin Missiles and Fire Control a $53-million contract modification to ramp up production of the Long-Range Anti-Ship Missile (LRASM).
The modification raises the value of the previously awarded contract to $462.9 million and funds the procurement of tooling and test equipment.
Work will be performed in Orlando and is expected to be completed by November 29, 2028.
This follows a $130-million contract modification awarded in August 2024 for additional tooling and test equipment to support increased production quantities of the missile system.
LRASM is among the long-range strike weapons targeted for expanded production by the US military. In 2023, Lockheed Martin LRASM business development lead Dominic DeScisciolo stated that the US military aims to double the combined annual procurement of the LRASM and the Joint Air-to-Surface Standoff Missile from about 500 to 1,000 missiles.
Designed to strike high-priority, heavily defended maritime targets such as aircraft carriers and guided-missile cruisers, the LRASM has a range of roughly 200 nautical miles (370 kilometers/223 miles).
The stealth missile travels at high subsonic speeds and carries a 1,000-pound (454-kilogram) penetrator/blast-fragmentation warhead. GPS-assisted guidance enables precise navigation, while onboard autonomy allows the missile to adjust its flight path if new threats appear during the mission.
LRASM is currently deployed on the B-1B Lancer bomber operated by the US Air Force and the F/A-18E/F Super Hornet fighter used by the US Navy.
Integration with the F-35 Lightning II fleet is underway, while a surface-launched variant compatible with vertical launch systems is also in development.
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